SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.600+8.8%Oct 30 3:57 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David D. who wrote (40988)3/17/1999 3:52:00 PM
From: X Y Zebra  Read Replies (1) of 41046
 
What will this AMEX listing actually mean?

Immediately:

1. Increased credibility and recognition.

2. Larger exposure.

3. Very possibly MORE buyers, (particularly of the elephant size type).

4. Very possibly, quotations (at least) on 16ths.... no more 32nds. or 64ths. (at least not as often.... and frankly, I wish everything would go decimal, it would be much easier, in stead of these Mickey Mouse fractions). I mean, you do not get paid in 64ths. of a dollar...or get change in 32nds. of a dollar...

In Time.... ( I do not know how soon).

1. Becoming a MARGINABLE security.

2. Possibly, if the company continues to perform as of lately, an easier way to arrive at considerable higher levels, given the increased exposure.

3. Great Set-up for the FNET "IPO". Great timing... if the IPO can be executed soon.... it will keep the momentum going.

p.s. it also means, leaving the status of trading in the flea ridden environment of the bulletin board universe....
______________

The above, exclusively my opinion.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext